Dabaiba and Issa discuss enhancing market stability and improving banking services

Tripoli, February 15, 2026 (LANA) – Prime Minister Abdulhamid Dabaiba of the Government of National Unity met today, Sunday, with the Governor of the Central Bank of Libya, Naji Issa, to discuss a number of priority economic and financial issues. Foremost among these was the mechanism for opening letters of credit for the import of essential goods, ensuring their availability in the local market and maintaining price stability.

During the meeting, the two sides also discussed the issue of cash liquidity in commercial banks and mechanisms for providing it in accordance with monetary policies aimed at improving the level of banking services and alleviating the suffering of citizens. They also discussed the measures taken by the bank to enhance discipline in the foreign exchange market.

According to the Prime Minister's Media Office, both sides agreed on the necessity of adhering to the signed financial agreement to ensure the cessation of the national currency's depreciation, thus preventing negative repercussions on citizens' purchasing power and price stability.

The meeting also addressed the issue of standard prices for food commodities and their role in regulating import operations and curbing inflation and speculation. The aim is to ensure that commodity prices are consistent with their import costs from the international market and the added local costs. The two sides reviewed the oversight and regulatory mechanisms adopted by the Central Bank in implementing and monitoring letters of credit, ensuring transparency and directing foreign currency towards its designated purposes.

During the meeting, Dabaiba emphasized the importance of ongoing coordination between the government and the Central Bank of Libya to guarantee economic stability, support efforts to provide essential goods to citizens, and achieve balance in the local market.

...(LANA)...